Reclaiming NIC on car allowances
After a recent NIC reclaim tribunal was found in favour of the taxpayer, we are advising businesses on whether they too could be reclaiming NIC on car allowances.
Setting the right direction
When it comes to achieving your business goals, setting the right direction is crucial. But the demands of day to day decision making can make it all too easy to lose your focus on long-term planning.
To build a successful business, you need a clear focus on where you want to go and how you’re going to get there.
Our Approach
At our firm, we have a two-fold strategy for helping you deliver your business’s strategy.
Firstly, we can help with some of the heavy lifting involved in strategic planning, whether that’s advising on the structure of the business, developing the business plan itself, delivering financial modelling to underpin the plan, or monitoring how the plan is delivering for your business. All this makes the planning process less onerous, helping you focus on those areas where you can have the most impact.
Secondly, we can help you cut down unnecessary day-to-day demands on your attention by helping to develop your systems, processes, and back-office functions and to outsource those activities that, while vital to your business, allow you to focus on the areas where you can have the most impact. By doing this we can give you back more time to turn your mind to the longer-term future of your business.
Our tools and services
- Business and strategic planning
- Business structure and formation
- Cloud accounting advice, implementation, or adoption
- Company secretarial services
- Corporate and personal tax return preparation
- ESG strategy
- FD on demand
- Financial forecasting and modelling
- Outsourced accounting
- Statutory accounts preparation
- Tax registration
Get in touch
If you would like to know more about how we can help with your business strategy and direction, please get in touch.
Topical articles of interest to the SME community
Preparing for the R&D tax relief changes
11/07/2023. Good news for companies claiming under the Research and Development Expenditure Credit (‘RDEC’) regime, bad news for companies claiming under the Small & Medium Enterprise (‘SME’) regime.
Is your brand still relevant?
23/05/2023. A brand is a long term investment and a key pillar to your business development and marketing activities. While companies have worked to reinvent and update their operations to stay competitive, there is a risk of neglecting to update their brands.
Van, or not a van, that is the question
16/05/2023. Over the past few years, HMRC’s attention has been focused on the pandemic and as a result HMRC have had little time to review other key areas. As the admin burden of the pandemic lessens, attention is starting to return to day-to-day compliance matters, one key area being “vehicle classification” for benefit-in-kind purposes.
Separating company and personal finances
17/04/2023. I am a Director and shareholder of my own limited company. Isn’t the company money and my personal money effectively the same thing?
CJRS – What’s the latest position?
30/03/2023. What does the future hold for CJRS claims and HMRC’s areas of focus moving forward? As CJRS compliance checks remain a focus for HMRC until at least March 2024 it is worth reviewing your claim to ensure you are compliant .
Are business plans worth the effort?
10/03/2023. Every business has a plan, even if it isn’t a formal written document. But sometimes that plan can become complicated or a bit unfocussed, and even when it’s good plan, often it’s not being used on a day-to-day basis to help drive growth and performance by everyone else in the business.
Integrating sustainability
03/03/2022. SMEs can no longer afford to ignore environmental, social and governance considerations. For businesses to succeed, Environment, Social and Governance (ESG) must be at the heart of your business model.
Specialist SME Team
Meet our team of professional advisors dedicated to small and medium-sized businesses.
Insights and newsletters
We publish articles on all aspects of what it takes to run a successful business, with a focus on what is topical and relevant to small and medium-sized businesses.